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Chinese shares close higher Tuesday

Xinhua | Updated: 2025-01-14 15:08
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BEIJING -- Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 2.54 percent to 3,240.94 points.

The Shenzhen Component Index closed 3.77 percent higher at 10,165.17 points.

The combined turnover covered by the two indices stood at 1.35 trillion yuan ($187.92 billion), up from 966.4 billion yuan on the previous trading day.

Share prices of all sectors rose, with those related to humanoid robots and Sora leading the gains.

Stocks related to Xiaohongshu also surged after the Chinese Instagram-style app rose to the top of the Apple app store chart in the United States, with Foshan Yowant Technology Co Ltd, Inly Media Co Ltd, and Shenzhen Ellassay Fashion Co Ltd all surging by the daily 10-percent limit.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 4.71 percent to close at 2,075.76 points Tuesday.

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